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B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $377,600

B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $377,600 and has a 12-year life and no salvage value. B2B Company requires at least an 9% return on this Investment. The expected annual income for each year from this equipment follows: (PV of $1. EV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment Selling, general, and administrative expenses Income (a) Compute the net present value of this investment. $236,000 83,000 31,467 23,600 $ 97,933 (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. Required A Required B Should the investment be accepted or rejected on the basis of net present value? Should the investment be accepted or rejected on the basis of net present value? Required A Required

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